$ZKIN:What To Expect This Week? PLUS 49.55% Profits Already🔥
(
ZKIN) ZK International Group Co. on 10 December 20, signed a letter of intent with Tuopeng Industrial. Together they will form a joint venture that would bid on the construction of a navigation and hydropower project with a total estimated cost of approximately USD 0.7 Billion according to Nasdaq news.
During the previous 4 weeks,ZKIN was moving inside a very wide consolidation zone. I am analyzing it on a weekly chart as it gives a more clear view of the opportunities for this week.
In the first 3 weeks, the price moved in a defined zone between 1.88 and 2.57. This was a zone where we made two wonderful trades with a total of 49.55% of profits. The previous week from 14 to 19 of December the price made a higher high increasing in this way the possibilities for a higher move again. Anyway, as long as the price is inside this box we need to secure our profits and take them partially in the safe zones.
Targets to consider:
TP 1 @ $ 2.54 or 19.87% This target is reached twice
TP 2 @ $ 2.76 or 31.53%
TP 3 @ $ 2.99 or 43.70%
TP 4 @ $ 3.40 or 61.58%
TP 5 @ $ 4.05or 92.92%
PS: The first two targets have a very high probability
For a deeper analysis of what is really happening with this stock, please read the related ideas.
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If you like my analysis:)
Thank you and Good Luck!
First Analysis:
Second Analysis:
Third Analysis:
ZKIN) ZK International Group Co. on 10 December 20, signed a letter of intent with Tuopeng Industrial. Together they will form a joint venture that would bid on the construction of a navigation and hydropower project with a total estimated cost of approximately USD 0.7 Billion according to Nasdaq news.During the previous 4 weeks,
ZKIN was moving inside a very wide consolidation zone. I am analyzing it on a weekly chart as it gives a more clear view of the opportunities for this week.In the first 3 weeks, the price moved in a defined zone between 1.88 and 2.57. This was a zone where we made two wonderful trades with a total of 49.55% of profits. The previous week from 14 to 19 of December the price made a higher high increasing in this way the possibilities for a higher move again. Anyway, as long as the price is inside this box we need to secure our profits and take them partially in the safe zones.
Targets to consider:
TP 1 @ $ 2.54 or 19.87% This target is reached twice
TP 2 @ $ 2.76 or 31.53%
TP 3 @ $ 2.99 or 43.70%
TP 4 @ $ 3.40 or 61.58%
TP 5 @ $ 4.05or 92.92%
PS: The first two targets have a very high probability
For a deeper analysis of what is really happening with this stock, please read the related ideas.
Please don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)
Thank you and Good Luck!
First Analysis:
Second Analysis:
Third Analysis:
Trade closed: target reached
3 targets reached :)+19.87%
+31.53%
+43.70%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
âś…MY Free Signals
t.me/TradingPuzzles
âś…Personal Telegram
t.me/KlejdiCuni
âś…YouTube
youtube.com/@TradingPuzzles
âś…MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
âś…Personal Telegram
t.me/KlejdiCuni
âś…YouTube
youtube.com/@TradingPuzzles
âś…MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.